The Reserve Bank of Australia announced its interest rate decision for the period through September 30 on August 12, 2025. The published rate stands at 3.60%, in line with both the forecast and the previous value of 3.60%.Data Definition: The overnight cash rate serves as Australia's benchmark interest rate. The Reserve Bank of Australia sets the overnight cash rate monthly to achieve exchange rate stability, full employment, and national prosperity. Changes in the policy rate reflect underlying economic conditions. An increase in the rate is supportive of the Australian dollar, while a decrease is negative for the currency.This data carries an importance rating of 3. The statistic is determined by setting the benchmark rate and is released monthly. The next announcement is scheduled for November 4, 2025.
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